“The Bear Market Economics Phenomenon” is an observation of Political Economics. Wall Street Admits: ‘We Got Rich Off the Backs of Workers’ thus creating the Bear Market. The Bear Market is America's default war.
The ethic of Wall Street is the ethic of celebrity. It is fused into one bizarre, perverted belief system and it has banished the possibility of the country returning to a reality-based world or avoiding internal collapse. A society that cannot distinguish reality from illusion dies.

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Thursday, October 1, 2009

Take Back America from Whom and for What?

A Republican member of the House of Representatives accused President Barack Obama of being "an enemy of humanity" during a conservative values forum this past weekend.

In a speech Saturday before the How to Take Back America conference, Rep. Trent Franks (R-AZ) made comments that went far beyond the limits of traditional White House criticism. At one point, Franks demanded that Obama release his birth certificate to prove his constitutional eligibility to hold office. The bluntest charge, however, centered on the president's position on abortion, which the congressman derided as "insane" and godless.

WATCH:

"Obama's first act as president of any consequence, in the middle of a financial meltdown, was to send taxpayers' money overseas to pay for the killing of unborn children in other countries," said Frank. "Now, I got to tell you, if a president will do that, there's almost nothing that you should be surprised at after that. We shouldn't be shocked that he does all these other insane things. A president that has lost his way that badly, that has no ability to see the image of God in these little fellow human beings, if he can't do that right, then he has no place in any station of government and we need to realize that he is an enemy of humanity."

Bethany Haley said the congressman was referring to "unborn humanity" and should have clarified his statement. She also said that Franks meant to say that Obama's abortion-related policies have no place in government, rather than that Obama has no place in government.

"He was just referring to the way President Obama has set himself up as the most pro-abortion president in America's history," Haley said.

The video, which went largely unnoticed before being passed along to the Huffington Post by People For the American Way's Right Wing Watch, is the latest in a line of extraordinarily blunt and personal attacks on the president by his Republican critics.

It is also one of the sharpest jabs taken at Obama on cultural issues by a sitting member of Congress. Much of the conservative angst with the president to date has centered on matters of government spending, health care, and judicial nominees -- the logical extension of the White House and Congress's intense focus on those three issues. But it is also, in some ways, a reflection of the extent to which religious conservatism has been marginalized in recent months.

"Rep. Trent Franks' remarks at the How to Take Back America Conference show a stunning lack of respect for our president and the office of the presidency itself," said Michael B. Keegan, President of People For the American Way in a statement. "Rep. Franks is following the lead of Glenn Beck, but he's a member of Congress, not a talk show host, and he should act like one. Americans, and especially members of Congress, should be able to disagree passionately about politics without making wild and irresponsible accusations."

"President Obama's views on reproductive rights are supported by a majority of Americans, and it is outrageous for Rep. Franks to claim that anyone who holds such views is unfit for public office and an 'enemy of humanity,'" Keegan added. "Rep. Franks, like Rep. Joe Wilson before him, owes President Obama an apology."

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The Bear Market News publications support a social democracy which seeks to restore true democracy from the corporatist control (the ostensible military-industrial-banking-pharma complex) and return it to "We the People". Namely, balancing all in the name of the public interest and good.

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Our faith in capitalistic institutions promotes the pretense of democracy, while it delivers plutocracy, corporate fascism, and militarism. Similarly, imprudent belief in the American Dream induces people to behave in ways that promote the welfare of those in power rather than the perspectives of those of us struggling to be free. Belief in this discredited notion keeps workers from organizing against their oppressors.

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“Bear Market Economics” is an expression of Political Economics, an interdisciplinary field focusing on the non-market, collective, and political activity of individuals and organizations. Specific fields of inquiry include regulation, distributive politics, elections, corporate politics, public policy, social welfare, scientific and science policy, political participation and collective action, interest groups, constitutional choice, legislative behavior and organization, judicial institutions, bureaucracies, comparative institutions, cooperative political economy, macro political economy, allocation of resources, the environment, ecology, law and economics, business and government, how markets affect and impact the public and the commons. The orientation to these topics tends to be positive rather than normative.

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This site may contain copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in an effort to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. we believe this constitutes a ‘fair use’ of any such copyrighted material as provided for in section 107 of the US Copyright Law.

In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml

If you wish to use copyrighted material from this site for purposes of your own that go beyond ‘fair use’, you must obtain permission from the copyright owner.

The American Capitalist Way

Capitalism is preferentially identified by its euphemisms: "Free Enterprise," "market system," "private enterprise." "the American Way," etc. Overt and pervasive partisanship in support of capitalism is not regarded by the American media as an ideological bias negating professional "objectivity" but rather comparable to the serene acceptance of natural laws.